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Lifeward Announces Closing of $5 Million Registered Direct Offering Priced At-the-Market Under Nasdaq Rules

Jan 08, 2025•over 1 year ago

Contract Type

partnership

MarlboroughBiotechnologyHealth CareMedical

Description

Lifeward Ltd. announced the closing of a registered direct offering priced at-the-market under Nasdaq rules, with the gross proceeds to the company reaching approximately $5.0 million. The net proceeds are intended to be used for continuing commercial efforts, working capital, and general corporate purposes.

Company Information

Company

Lifeward

Location

Marlborough, Massachusetts, United States

About

Lifeward is a medical device manufacturer specializing in mobility-related solutions. Their products include the ReWalk Personal Exoskeleton and AlterG Anti-Gravity Systems. Lifeward is dedicated to helping individuals with physical limitations regain mobility. The company is involved in groundbreaking technologies to enhance treatment methodologies.

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